Sberbank offers its customers many services, the main among which are still debit and credit plastic cards. The popularity of the latter is only increasing from year to year, which is not surprising. The convenience of their use cannot be overlooked: once you appear in the bank once, you don’t have to think about finding funds. At the same time, the plastic holder must be on the alert: after a certain period of time, they “drop” the interest that must be paid on time. To use the loan on the most favorable terms for yourself, you should know the rules for using a Sberbank credit card.
Activation
Regardless of which credit card was issued for the owner, it must be “launched”. Sberbank issues cards blocked so that no one outsider can use the funds in the account tied to it. After checking the correctness of writing personal data on the card, you should proceed to its activation. For this, a Sberbank terminal is required. The procedure does not take much time and boils down to the following sequential actions:
- Insert the card into the terminal.
- Enter the PIN code indicated in the envelope (in some cases, the owner of the payment plastic comes up with a secret combination of numbers).
- Perform any operation (get information about the balance, make a payment, etc.).
- Pick up a card from the terminal.
If the activation procedure was not performed by the client on their own, nothing bad will happen. The card is automatically unlocked within 24 hours after receiving it at the bank.
Cash withdrawal
The rules for using a Sberbank credit card cannot but include a clause such as cash withdrawal. The account holder can withdraw money in any terminal, however, the cost of the service will be different. A commission is charged each time a transaction is issued with a credit card. The “native” terminal of Sberbank will additionally charge 3% for its services (at least 390 rubles), and devices of other banks will request 4% with the same minimum commission amount of 390 rubles. For example, when removing 100 p. account balance will decrease by 490 p. This money is considered spent, and they also accrue interest on the loan. Therefore, it is advisable to include the following clause in the rules for using a Sberbank credit card : withdrawing small amounts of money is unprofitable, the best option would be to cash 10 thousand rubles. and more.
In addition to the commission, for credit cards there is a limit for a one-time withdrawal of funds, which amounts to 50 thousand rubles. Holders of "golden" plastic such as Visa Gold and MasterCard Gold have the opportunity to instantly cash out 300 thousand rubles.
Cashless payments
Using money without even holding it in your hands is doubly convenient and profitable. There is no need to carry an impressive amount with notes, being afraid to “shine” with them in society. In addition, the user has open doors to any online store. Without leaving your home, you can pay for any purchases and services where cashless payments are supported .
If you need funds in a store, restaurant or other institution, you need to ask for a payment terminal. A card is inserted into it, a PIN is entered, after which a transaction is carried out. If there are enough funds, it succeeds. Moreover, the owner of the credit card does not pay a penny commission and receives bonus points under the program "Thank you from Sberbank." Cashback is 1.5 bonuses for each ruble in the first three months of using the card and 0.5 bps. after their expiration. Accumulated points can be used to pay for purchases.
Gold credit card holders make cashless payments even easier: cards support contactless payment technology PayWave / PayPass. To do this, just bring the card to the payment terminal. You do not need to enter a PIN or sign a check.
Is it possible to bypass the withdrawal fee?
Entrepreneurial people, learning about the large fees for cashing out funds, are trying to find other methods to withdraw money. An elementary Card to Card transfer or replenishment of an electronic wallet comes to mind. Unfortunately, these methods will not work with a Sberbank credit card. The card simply does not have such functionality: it is impossible to transfer funds to any bank card (even your own) or to replenish an electronic wallet with it.
There is still one option for urgent withdrawal of money from a credit card: you need to replenish your mobile phone account, and then withdraw funds through the payment system of the telecom operator. The commission is still charged, but is a smaller amount. The method will take much more time and energy and promises dubious benefits. But it will help maintain the grace period. One more point should be included in the rules for using a credit card of Sberbank: it is worth cashing out funds only as a last resort. The procedure not only threatens a large commission, but also deprives the owner of the most important benefit of a credit card - grace period.
How to stay in the “plus” of the loan?
The rules for using a credit card of Sberbank of Russia seem quite simple: after spending the funds from the account, they must be returned. Without delving into the essence of the process, many are undermined by easy money and the bank owes an impressive amount. How to properly dispose of funds and not get into debt? Everything is simple. The Bank provides the customer with a grace period during which it is possible to use funds at a rate of 0%. Having returned all the money before the set time, the card holder remains the winner: he did not overpay a penny, plus received bonus points.
The rules for using a Sberbank "Visa" or "Mastercard" credit card to get the maximum loan benefit come down to the following points:
- spend money only in non-cash way;
- correctly calculate the grace period in order to manage to deposit money before interest is charged;
- do not forget to pay in time for card servicing.
Before spending money with a credit card, you should think carefully about whether it will be possible to pay off the amount before the end of the grace period. Otherwise, you will have to pay a considerable percentage to the bank.
About the essence of the grace period
Before applying for a loan, a bank employee announces the rules for using a Sberbank credit card. The grace period for such products is 50 calendar days. But it’s not always clear to the user from what time the countdown begins and when the debt should be repaid.
The structure of the grace period includes two periods: 30 days for making purchases and 20 days for repayment. The first period of time is called the billing period, it starts from the moment the credit card is activated. You can learn it from the bank employees. This is a specific month that remains constant. Within 30 days (sometimes 31), the cardholder makes settlements, after this period comes an extract-notification about all the funds spent, the amount of debt and the minimum payment. There comes a payment period of 20 days, during which the borrower must pay the bank.
How beneficial is it to repay a loan?
Within 20 days, the cardholder must make a payment. Moreover, the profitability of the transaction depends on the borrower: if you pay exactly the amount that was spent in the billing period, then there will be no overpayment. You should be careful about the provision of preferential repayment at a rate of 0%: the rule applies only to non-cash payments. When withdrawing funds, the interest will be charged on the amount of cashing out (plus commission) daily, so you need to return this money as soon as possible.
If it is not possible to repay the entire amount within 20 days, you must make at least a minimum payment of 5% of the funds spent. This also includes commissions (for cash withdrawals, card servicing, paid services), interest on operations not included in soft loans, and penalties (for late payments, exceeding the credit limit). The situation will continue on a monthly basis until the client repays the entire amount, taking into account interest. In this case, there is no need to talk about a zero rate.
Note to credit card holders
The article examined the main actions that a loan owner will have to face. Summarize the rules for using a credit card of Sberbank. "Visa Gold" will be an example:
- card activation is performed using the terminal with the introduction of a PIN code;
- cash withdrawal is fraught with spending additional funds (3% of the amount, at least 390 p.) and daily accrual of interest on the amount of cash + commission;
- You can repay the amounts spent by bank transfer during the grace period;
- spending money is more profitable at the beginning of the billing period, so there will be almost 50 days for interest-free use;
- if the full amount cannot be repaid, at least the minimum payment recommended by the bank (5% of expense + commission) should be paid, while interest on the remaining debt will be charged at a rate of 17.9-23% per annum (for a Gold card), which will have to be paid already in the next period with part of the main debt;
- funds spent in the billing period will relate to the next month and are not subject to current payment.
Reviews of Sberbank credit cards are mostly positive: most customers are satisfied with the conditions for obtaining a card and repaying a loan. According to the owners, plastic is processed quickly, and paying them is a pleasure.
The rules for using the “golden” credit card of Sberbank, as well as other products, will help to carry out loans at the most favorable conditions for yourself. Knowing all the “buts” in the contract will protect against rash decisions and actions. In general, you only need to correctly calculate your strengths, so as not only to take advantage of the loan, but also not to pay a dime for the bank.